Bullish Inc (BLSH)

Currency in USD
22.41
-0.94(-4.03%)
Closed·
22.54+0.13(+0.58%)
·
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Fair Value
Day's Range
22.3223.44
52 wk Range
21.76118.00
Key Statistics
Prev. Close
23.35
Open
22.6
Day's Range
22.32-23.44
52 wk Range
21.76-118
Volume
1.23M
Average Volume (3m)
1.52M
1-Year Change
-
Book Value / Share
17.63
Fair Value
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Fair Value Upside
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BLSH Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
44.28
Upside
+97.58%
Members' Sentiments
Bearish
Bullish
ProTips
3 analysts have revised their earnings downwards for the upcoming period

Bullish Inc News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Strong Sell

Analyst Ratings

4 Buy
6 Hold
0 Sell
Ratings:
10 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 44.28
(+97.58% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Compass Point
Hold43.00+91.88%36.00MaintainMay 15, 2026
Cantor Fitzgerald
Buy43.00+91.88%39.00MaintainMay 14, 2026
Rosenblatt
Hold45.00+100.80%-MaintainMay 13, 2026
Rosenblatt
Hold45.00+100.80%39.00MaintainMay 13, 2026
Compass Point
Hold36.00+60.64%29.00MaintainApr 24, 2026

Bullish Inc Earnings Call Summary for Q1/2026

  • Bullish Global reported Q1 2026 EPS of -$3.85 vs. $0.16 forecast, missing by 2,506%; revenue $92.8M vs. $94M expected; stock fell 10.18%.
  • Revenue grew 49% YoY to $92.8M; adjusted EBITDA $35.1M (38% margin) vs. $13.2M in Q1 2025; adjusted net income $20.3M or $0.13 per share.
  • CEO Farley highlighted Equiniti acquisition to reshape product capabilities; diversified revenue model showed resilience despite 24% Bitcoin decline.
  • Company reaffirmed FY 2026 guidance with expenses at midpoint-to-upper range; Q2 2026 expected highest quarterly expense due to Consensus Miami.
  • Key risks include macro headwinds, Bitcoin volatility, rising event costs, U.S. regulatory approval delays, and Equiniti integration challenges.
Last Updated: 2026-05-14, 09:44 a/m
Read Full Transcript

Earnings

Latest Release
May 14, 2026
EPS / Forecast
-3.85 / 0.16
Revenue / Forecast
92.8K / 94M
EPS Revisions
Last 90 days

BLSH Income Statement

Compare BLSH to Peers and Sector

Metrics to compare
BLSH
Peers
Sector
Relationship
P/E Ratio
−3.4x−3.6x10.1x
PEG Ratio
0.030.020.03
Price/Book
1.3x2.2x1.0x
Price / LTM Sales
12.7x6.6x2.9x
Upside (Analyst Target)
91.9%51.4%13.6%
Fair Value Upside
Unlock−6.3%2.5%Unlock

Bullish, a global digital asset platform that provides market infrastructure and information services in United States. The company operates Bullish Exchange, a digital assets spot and derivatives exchange that integrates a central limit order book matching engine with automated market making to provide deep and predictable liquidity. It also offers CoinDesk Indices, a collection of tradable proprietary and single-asset benchmarks and indices that track the performance of digital assets to leading traditional finance institutions, including exchanges and asset managers; CoinDesk Data, a comprehensive suite of digital assets market data and analytics, providing real-time insights into prices, trends, and market dynamics; and CoinDesk Insights offers news, analysis, information, conferences and networking opportunities related to digital assets, blockchain technology and the broader financial technology industry. Bullish was founded in 2020 and is based in George Town, Cayman Islands.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
24.75M16.32%554.70M
Other Institutional Investors
42.19M27.82%945.49M
Public Companies & Retail Investors
84.71M55.86%1.90B
Total
151.65M100.00%3.4B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Pu Luo Chung VC Private Limited9.74%14,776,315331,137
FMR LLC4.48%6,796,340152,306

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FAQ

What Is the Bullish (BLSH) Stock Price Today?

The Bullish stock price today is 22.41 USD.

What Stock Exchange Does Bullish Trade On?

Bullish is listed and trades on the New York Stock Exchange.

What Is the Stock Symbol for Bullish?

The stock symbol for Bullish is "BLSH."

What Is the Bullish Market Cap?

As of today, Bullish market cap is 3.40B USD.

What Is Bullish's Earnings Per Share (TTM)?

The Bullish EPS (TTM) is -7.31.

When Is the Next Bullish Earnings Date?

Bullish will release its next earnings report on Sep 23, 2026.

From a Technical Analysis Perspective, Is BLSH a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.

How Many Times Has Bullish Stock Split?

Bullish has split 0 times.

How Many Employees Does Bullish Have?

Bullish has 414 employees.

What is the current trading status of Bullish (BLSH)?

As of Jul 19, 2026, Bullish (BLSH) is trading at a price of 22.41 USD, with a previous close of 23.35 USD. The stock has fluctuated within a day range of 22.32 USD to 23.44 USD, while its 52-week range spans from 21.76 USD to 118.00 USD.

What Is Bullish (BLSH) Price Target According to Analysts?

The average 12-month price target for Bullish is 44.28 USD, with a high estimate of 65 USD and a low estimate of 26 USD. 4 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Buy. The stock has an +97.58% Upside potential.

What Is the BLSH Premarket Price?

BLSH's last pre-market stock price is 22.65 USD. The pre-market share volume is 13,050.00, and the stock has decreased by -0.70, or -3.00%.

What Is the BLSH After Hours Price?

BLSH's last after hours stock price is 22.54 USD, the stock has decreased by 0.13, or 0.58%.
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